Dow 9K??

[Broken Arrow]

I finally got a chance to look at the final numbers. 900 definitely qualifies as a rally. We need to keep an eye on LIBOR, and the credit market situation as the week progresses. The credit market has yet to thaw, but hopefully, it will soon. Selling today was very tempting, but at this point, I'm still in. Interesting indeed!

[kork13]

I finally got a chance to look at the final numbers. 900 definitely qualifies as a rally. We need to keep an eye on LIBOR, and the credit market situation as the week progresses. The credit market has yet to thaw, but hopefully, it will soon. Selling today was very tempting, but at this point, I'm still in. Interesting indeed!

BA, knowing where the market has been, and how quickly we came from it, I think if you'd be willing to hold onto those shares you're fiddling with for a bit, you could probably do better overall....

[Broken Arrow]

Yeah, that's the beauty of going long. I can hold for as long as I feel like. Time is on my side.

However, from the perspective of a trader, the market still contains a lot of issues that needs to be sorted out in the months and years ahead. The stock I hold (Goldman Sachs) also have some issues to sort out as well. And because I don't know how all that will work out (yet), I'm planning to sell some time during this rally.

But don't worry. I plan on buying back in later.

[boosami]

I'm sure you saw from the bailout package post, but GS is getting a $10B cash injection. That's after Buffet's $5B. More good news for you as a stockholder!

[Broken Arrow]

Yes. I didn't want to be a rude newbie and brag about how much the stock has gone up. I would be very interested to see how it plays out for the rest of the day. I'm still in for today, but the stock, sector, and market upsides are getting cooked in as we speak.